First XRP-Linked ETF Begins Trading on Brazilian Exchange

According to PANews, the world's first spot exchange-traded fund (ETF) linked to XRP has been launched by Hashdex and is managed by Genial Investimentos. Trading commenced on April 25, 2025, at the B3 stock exchange in Brazil. The ETF, identified by the code XRPH11, tracks the Nasdaq XRP Reference Price Index. Hashdex has stated that at least 95% of the ETF's net assets will be allocated to XRP.